Thank you to Intrepidpips and LazyLobster for sharing those pdf files on price action, etc.
Great study materials for newbies struggling with S3 method and being often times troubled with TDI crossing, bounced, etc. and also in trading with different timeframes.
S3 is another version of TMS and X-man made it simpler for EURUSD and with those rules he defined, one also need X-man's type of discipline to trade and be profitable. Newbies who have not yet master the discipline should stick to the H1 timeframe and follow closely the Euro/London session only. There is reason for this as I learned is - liquidity and volatility being a few reasons for the moves. First you learn and master this S3 H1 for EURUSD method. Don't jump around from system and system and from TF to TF after a few trades.
There are a lot of helpful traders with experience and are willing to share and help you. But you need to post your trades with charts and ask questions.
Good Trading!
Great study materials for newbies struggling with S3 method and being often times troubled with TDI crossing, bounced, etc. and also in trading with different timeframes.
S3 is another version of TMS and X-man made it simpler for EURUSD and with those rules he defined, one also need X-man's type of discipline to trade and be profitable. Newbies who have not yet master the discipline should stick to the H1 timeframe and follow closely the Euro/London session only. There is reason for this as I learned is - liquidity and volatility being a few reasons for the moves. First you learn and master this S3 H1 for EURUSD method. Don't jump around from system and system and from TF to TF after a few trades.
There are a lot of helpful traders with experience and are willing to share and help you. But you need to post your trades with charts and ask questions.
Good Trading!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett